EBITDA Bonus. a. The Executive shall receive a bonus of 25% of his base salary if the 2015 EBITDA is at least the EBITDA Target. b. If the 2015 EBITDA is less than the EBITDA Target, the Executive shall receive a bonus equal to 25% of his base salary multiplied by a fraction, the numerator of which shall equal the 2015 EBITDA and the denominator of which shall equal the EBITDA Target.
Appears in 3 contracts
Sources: Founder Employment Agreement (TaskUs, Inc.), Founder Employment Agreement (TaskUs, Inc.), Founder Employment Agreement (TaskUs, Inc.)